Filing Flows › Rambus (RMBS) › How it makes money
How Rambus (RMBS) makes money
Rambus (RMBS) made $218M of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Product Revenue brought in $114M (52%); Royalty brought in $77.0M (35%); Contractandother Revenue brought in $27.0M (12%). Of every dollar of revenue, 78¢ was left as gross profit, 38¢ was left as operating profit, 34¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Product Revenue | $114M | 52.4% | +15% | +22% |
| Royalty | $77.0M | 35.3% | -9% | +18% |
| Contractandother Revenue | $27.0M | 12.4% | +13% | +35% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $218M | 100.0% |
| Cost of revenue | $47.4M | 21.7% |
| Gross profit | $171M | 78.3% |
| Operating expenses | $87.3M | 40.0% |
| Operating profit | $83.7M | 38.3% |
| Income tax | $16.0M | 7.3% |
| Net earnings | $74.6M | 34.2% |
| Operating cash flow | $102M | 46.9% |
| Free cash flow | $95.9M | 43.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $218M | +22% |
| Q2 2026 | $207M | +20% |
| Q1 2026 | $180M | +8% |
| Q4 2025 | $190M | +18% |
| Q3 2025 | $179M | +23% |
| Q2 2025 | $172M | +30% |
| Q1 2025 | $167M | +41% |
From Rambus' 10-Q filed Oct 26, 2026 (on EDGAR).
Questions
How does Rambus make money?
Rambus (RMBS) made $218M of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Product Revenue brought in $114M (52%); Royalty brought in $77.0M (35%); Contractandother Revenue brought in $27.0M (12%). Of every dollar of revenue, 78¢ was left as gross profit, 38¢ was left as operating profit, 34¢ was left as net earnings.
What is Rambus' biggest business?
Product Revenue: $114M in the third quarter 2026, 52% of revenue, +22% from a year earlier.
What is Rambus' profit margin?
Net earnings were $74.6M, 34.2% of revenue, in the third quarter 2026; the operating margin was 38.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.